Plastic Coatings Manufacturer. Bank financing, ...

Confidential, IL


Asking Price: Annual Revenue:
$450,000 $348,309

Manufacturing: Plastics


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RE: Plastic Coatings Manufacturer. Bank financing, ... Broker: Manuel Santana
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $348,309
Net Profit: Not Disclosed
Cash Flow: $146,037
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1952
Employees: 3
BBN Listing #: 233362380
Broker Reference #: MINNEMN003-N2275

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Business Overview:

Unique opportunity to buy a multi-process facility for a variety of plastic and powder coatings. The company’s reputation has been established over decades of delivering quality work and quick turn-around to their recurring loyal customers. With capabilities from prototyping to large, automated runs, its clients include automotive, aerospace, food service and other industrial manufacturers. Centrally located, this business has a strong regional reputation with accounts in Illinois, Wisconsin, Indiana, and many opportunities to expand nationally. Owner is nearing retirement, currently working 20-30 hours per week. He has developed an experienced production team and is willing to stay on as needed for a smooth transition. Bank financing available for qualified buyer. Get $183,537 cashflow with only $92,000 down, including the real estate. For more information contact Manuel Santana with Sunbelt Business Advisor at 612.431.1455. Listing ID 3-2275

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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